Rangers to sign one of MLB’s top remaining free agents
The Rangers are in agreement with free agent starter Michael Lorenzen on a one-year, $4.5M contract, reports Ken Rosenthal of The Athletic (X link). The deal, which is pending a physical, contains another $2.5M in performance bonuses. Lorenzen is a client of CAA Sports.
Aside from Jordan Montgomery, Lorenzen was arguably the best starter still available. The right-hander had reportedly waited out the market in search of a multi-year pact. That evidently didn’t materialize, as he instead inks a one-year deal for the third straight offseason. After securing respective $6.75M and $8.5M contracts in the last two winters, he winds up taking a reduced rate for the 2024 season.
That’s certainly not what he’d been hoping for on the heels of the first All-Star nod of his career. Lorenzen appeared on his way to a two- or potentially three-year pact midway through the year. He turned in strong numbers over 18 starts with the Tigers, working to a 3.58 ERA across 105 2/3 innings. A sub-20 percent strikeout rate raised a question as to whether he could sustain that kind of run prevention, but he nevertheless was one of the better rental starters available at the deadline.
Detroit flipped Lorenzen to the Phillies for second base prospect Hao-Yu Lee. His initial two starts with the Phils couldn’t have gone better. He tossed eight innings of two-run ball in Miami during his team debut. In his first home appearance at Citizens Bank Park, he no-hit the Nationals. That he tossed 124 pitches in that game wasn’t ideal, but skipper Rob Thomson gave him the leeway to complete that historic outing.
Things quickly went downhill after that appearance. Nine days later, Lorenzen faced the same Washington lineup at Nationals Park. He was tagged for seven runs in 3 1/3 innings. That kicked off a stretch of six consecutive appearances in which he allowed at least four runs. That included a relief outing on Sept. 19 in which Lorenzen retired one of seven batters faced against the Braves.
To his credit, Lorenzen finished the regular season with a trio of scoreless relief outings. He’d already fallen down the leverage hierarchy by that point though. The Phils used him just twice in their run to the NLCS. He worked 2 2/3 scoreless frames in mop-up situations during the postseason.
That Lorenzen moved to the bullpen wasn’t a surprise in itself. The Phils acknowledged at the time of his acquisition that they could eventually squeeze him out and go with a five-man staff of Zack Wheeler, Aaron Nola, Ranger Suárez, Taijuan Walker and Cristopher Sánchez. Yet there’s no denying the last six weeks didn’t go anywhere close to plan. He allowed 30 runs (27 earned) with an 18:15 strikeout-to-walk ratio over his last 30 1/3 innings.
